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TVS Supply Chain Solutions informs about execution of joint venture agreement

04 Jun 2026 Evaluate

TVS Supply Chain Solutions has informed that pursuant to Regulation 30 of the SEBI Listing Regulations, as amended, the Board of Directors of the company (‘TVS SCS’) at its meeting held today, June 4, 2026, has approved the execution of a Joint Venture Agreement with A.L.A Corporation for the purpose of further investment of up to INR 10,19,00,000 in TVS Packaging Solutions, subject to the fulfilment of certain identified conditions precedent and closing of definitive agreements. The proposed investment is intended to support business expansion initiatives and execution of definitive agreements with A.L.A Corporation for collaboration and development of opportunities in India’s aerospace and defense sectors. Disclosure of information pursuant to Schedule III of the SEBI Listing Regulations is attached as Annexure A. A press release on the subject is enclosed as Annexure B. The meeting commenced at 10:15 am (IST) and concluded at 10.45 am (IST).

The above information is a part of company’s filings submitted to BSE. 

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